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thank you, tahman. >>> and as talks over the fiscal cliff drag on, a new poll finds that most americans do not think very highly of congress. one in ten americans rate the honesty and ethical standards of its members as very high or high. this puts the law making body, second-lowest on the list of 22 professions. higher only than car sales people. >> how telling is that? >> that's an indictment. >>> and another nasty storm is drenching the west coast, from northern california, into portland and seattle. this is the fourth big rainmaker to hit that area in a week. and this time, it could dump up to five inches of rain and cause even more flooding and destruction. abc's brandi hitt has the latest. >> reporter: after several days of drenching rain, downed trees, flooding and rockslides, families throughout the west are finally getting a break in the severe weather to clean up. three storms have slammed through the region in less than a week, dumping up to a foot of rain in some areas. washing out entire roads. and even creating this 20-foot sinkhole in lafayette, california. the other big
thank you, tahman. >>> and as talks over the fiscal cliff drag on, a new poll finds that most americans do not think very highly of congress. one in ten americans rate the honesty and ethical standards of its members as very high or high. this puts the law making body, second-lowest on the list of 22 professions. higher only than car sales people. >> how telling is that? >> that's an indictment. >>> and another nasty storm is drenching the west coast, from northern...
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the fiscal cliff of american politics and just what it bodes for all of us that's up next well our lester. download the official ati application to cell phone choose your language stream quality and enjoy your favorites from alzheimer's t.v. is not required to watch all its hear all you need is your mobile device to watch ati any time of the. wealthy british style signs. on. the. market why not come to. find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into cars a report. if. soon which brightened a few nibbles from finest impressions. screens totty dot com. will fall into the true science technology innovation all the news developments from around russia we've got the future covered. it all. skewed. good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are your headlines for tuesday december fourth two thousand and twelve the g.o.p. has made a counteroffer to the white house on the fiscal cliff and the endless conversation continues today with president obama giving
the fiscal cliff of american politics and just what it bodes for all of us that's up next well our lester. download the official ati application to cell phone choose your language stream quality and enjoy your favorites from alzheimer's t.v. is not required to watch all its hear all you need is your mobile device to watch ati any time of the. wealthy british style signs. on. the. market why not come to. find out what's really happening to the global economy with max cons or for a no holds...
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cliff of american politics and just what it bodes for all of us that's up next with lower mr with kind of the account from washington i'll be back with more news in just over half an hour. culture is that so much of a different issue a huge musician apparently finding the mark with kurds would seem like a fantasy only two years ago could become a reality very soon but a strong sense of identity and spread across the middle east because. if. russia would be soon which brightened if you knew about someone from finest impressions. whose friends don't on t.v. don't come. to the east be july which. means programs and documentaries in arabic it's all here on all t.v. reporting from the world talks books that will be our piece interviews for intriguing stories for you to. see in troy the arabic to find out more visit arabic don't all teeth dot com. you. could afternoon welcome to capital account i'm lauren lyster here in washington d.c. these your headlines for tuesday december fourth two thousand and twelve the g.o.p. has made a counteroffer to the white house on the fiscal cliff and the end
cliff of american politics and just what it bodes for all of us that's up next with lower mr with kind of the account from washington i'll be back with more news in just over half an hour. culture is that so much of a different issue a huge musician apparently finding the mark with kurds would seem like a fantasy only two years ago could become a reality very soon but a strong sense of identity and spread across the middle east because. if. russia would be soon which brightened if you knew...
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Dec 6, 2012
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. >> pelley: we asked chip reid to visit with a family staring over the fiscal cliff. >> reporter: sean and jody watson have four daughters ages five to 14 and know all too well the sacrifices and sleepless nights endured by middle-class families in a struggling economy. >> we don't go out to eat much. we don't spend-- we don't go to the movies much. >> we do a lot of thrift store shopping for my kids for clothes. >> reporter: shawn was unemployed for a year in washington state then two years ago he got a job as an accountant with the federal government so the family of six-- their savings depleted-- moved across the country to woodbridge, virginia. his salary of a little more than $70,000 is less than what he used to make. >> before we lost our job they were in-- two were in piano and we haven't been able to do things like that. >> reporter: what's the hardest part of this? >> for me it's my kids, knowing that i want more for them. my oldest, who's the one that's most aware of what we've been going through the last couple years she asked me recently, this summer, she's like "mommy, whe
. >> pelley: we asked chip reid to visit with a family staring over the fiscal cliff. >> reporter: sean and jody watson have four daughters ages five to 14 and know all too well the sacrifices and sleepless nights endured by middle-class families in a struggling economy. >> we don't go out to eat much. we don't spend-- we don't go to the movies much. >> we do a lot of thrift store shopping for my kids for clothes. >> reporter: shawn was unemployed for a year in...
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Nov 29, 2012
11/12
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will lawmakers send americans off the fiscal cliff with a huge tax increase? the president asks middle class people to help make his case for action. >>> triple threat. three big storms, one after the other, about to pound the west coast. >>> and, made in america. do you want to make a difference, creating american jobs? david muir tonight shows us how to do it together for a happy holiday. >> we're in! >> we're in! >>> good evening. right now, millions and millions of americans are lining up to take a chance on a giant dream. a powerball ticket that could be worth more than half a billion dollars. the biggest in its history. the drawing is tonight. and some people have been willing to wait 2 1/2 hours in the long lines in arizona, while coast to coast, tickets are flying across the counters, 130,000 sold every minute. and that adds up to 7 million tickets sold every hour. so, we asked abc's steve osunsami to make his way into the vault where the lottery balls are kept under lock and key and tell us about all the americans hoping tonight is their night. >> rep
will lawmakers send americans off the fiscal cliff with a huge tax increase? the president asks middle class people to help make his case for action. >>> triple threat. three big storms, one after the other, about to pound the west coast. >>> and, made in america. do you want to make a difference, creating american jobs? david muir tonight shows us how to do it together for a happy holiday. >> we're in! >> we're in! >>> good evening. right now, millions...
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turning to other offensive things the fiscal cliff which is beginning to be the crashing balls in politics. you are three bright americans involved in politics. you find this almost laughable that year in and year out that washington doesn't get deals done. you are thinking what is wrong with american politicians? why can't they get around the table and negotiate properly? >> nobody cares about the future of america. here we have america urging the israe israelis to negotiate except us in washington. our parties are so extreme. >> i think the moral is set so low right now on both sides. the country is so divided. we are the one that is are going to be handed down the $16 trillion deficit. it is hard for this to play out. they will come to some sort of a deal. you are going to see them come to a deal. you are going to see them with something sort of like the simpson bowles. >> pam has sent it to the public. that if it goes over the fiscal cliff republicans are prepared to make the middle class pay more tax paying more. and that is a very bad position for the republicans to find themselves i
turning to other offensive things the fiscal cliff which is beginning to be the crashing balls in politics. you are three bright americans involved in politics. you find this almost laughable that year in and year out that washington doesn't get deals done. you are thinking what is wrong with american politicians? why can't they get around the table and negotiate properly? >> nobody cares about the future of america. here we have america urging the israe israelis to negotiate except us in...
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Dec 5, 2012
12/12
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WUSA
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with no agreement, going over the fiscal cliff would be painful. the automatic tax increases break down like this: households making $20,000 to $4,000 would see an increase in $1,200 a year. incomes $40,000 to $64,000 would see taxes rise $2,000 and in the $64,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, ther there a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary tkpwaoeugter in'ers.e.c.geithneg over the cliff, the conversation was described as brief, meaning shorter than the 28-minute conversation speaker boehner and the president had last week. also those familiar with the conversation tell me -- or do not used a skwrebgive thes like "curt," "frank" and "direct" m
with no agreement, going over the fiscal cliff would be painful. the automatic tax increases break down like this: households making $20,000 to $4,000 would see an increase in $1,200 a year. incomes $40,000 to $64,000 would see taxes rise $2,000 and in the $64,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, ther there a code of silence the...
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Dec 5, 2012
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republicans losing blame game on fiscal cliff. neener. majority of americans say if the country goes over the cliff on december 31st, congressional republicans should bear the brunt of the blame. "washington post" pew poll -- >> pew pew. >> stephanie: latest time the g.o.p. faces a tireless task between now and the end of the year. 53% say the g.o.p. would and should lose the fiscal cliff blame game. 27% say the president. so there. [ ♪ nah nah nah nah nah ♪ ] >> stephanie: a tee and then a hee. donna says i got my tickets. steph, as your official vegetarian travel agent, i got meet and grope tickets. so did many of our stephanie and the mooks meet up group. >> i love that. >> stephanie: not that kind of meet. we're having a celebration dinner this sunday to celebrate getting meet and grope tickets to what -- >> it's a new year and time for a new inauguration. >> the president of the united states is once again barack obama. s. ♪ >> time for a new sexy liberal. >> i guess i'll have to speak for the people of my state from right here
republicans losing blame game on fiscal cliff. neener. majority of americans say if the country goes over the cliff on december 31st, congressional republicans should bear the brunt of the blame. "washington post" pew poll -- >> pew pew. >> stephanie: latest time the g.o.p. faces a tireless task between now and the end of the year. 53% say the g.o.p. would and should lose the fiscal cliff blame game. 27% say the president. so there. [ ♪ nah nah nah nah nah ♪ ] >>...
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Dec 7, 2012
12/12
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it is the secret sauce that's built the american economy. >> what about the fiscal cliff? you brought it up. do you think they will take us over the cliff at this point and how damaging if that happens would it be not only to entrepreneurship but to the country as a whole? >> i think it will be troubling. hopefully they won't. i know there is a lot of posturing and hopefully a lot of quiet negotiations happening and hopefully there will be a resolution that can build pore. it is important not just for the fiscal cliff. i think the country and actually the world is looking at washington saying can these guys work together in a collaborative bipartisan way to deal with fiscal issues, our entrepreneurship issues, we have to start building that bipartisan support. congress did come together, republicans and democrats, house and senate with support of the white house to pass the jobs act around access to capital for entrepreneurs so we have some example of that. hopefully that momentum will continue not just on the fiscal cliff in the coming weeks but issues like the start-up a
it is the secret sauce that's built the american economy. >> what about the fiscal cliff? you brought it up. do you think they will take us over the cliff at this point and how damaging if that happens would it be not only to entrepreneurship but to the country as a whole? >> i think it will be troubling. hopefully they won't. i know there is a lot of posturing and hopefully a lot of quiet negotiations happening and hopefully there will be a resolution that can build pore. it is...
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Dec 1, 2012
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with the fiscal cliff on the horizon, americans are learning a lot about the politicians their hired. my final thoughts on this, the tax pledge standing in the way of compromise when we get back. you're watching "your money." helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> this is it, the famous tax pledge we have been talking about created by grover norquist back when ronald reagan was president. timed have changed since then. i had hair back then. some lawmakers are starting to understand it's not just low tax rates that matter. it's the rate of return the
with the fiscal cliff on the horizon, americans are learning a lot about the politicians their hired. my final thoughts on this, the tax pledge standing in the way of compromise when we get back. you're watching "your money." helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ or...
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Dec 6, 2012
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what do americans, average americans, want to see in a fiscal cliff deal? steve leisman here now with our exclusive results of the cnbc all-america economic survey. what do americans want, steve? >> what you would expect. free stuff, tyler. actually, no, we'll get into that in a second. first we want to show you results of our december cnbc all-america survey. what we asked about the fiscal cliff. the first thing we wanted to establish is do people know about this thing? we looked at some of the other times we've asked this. what we'll see right here is other situations where they knew it, where other main stories that were out there. for example, the trayvon martin shooting. 91% of americans knew about that. occupy wall street, 80%. going forward what you have here, facebook, 72%. all the way down to 70%. you can look at this a couple ways. here's the greek financial crisis. 30% of the public not really paying attention to. inside that 70% number, 36% have know a lot about it. we'll compare with other stuff we asked last time about when they had a debt --
what do americans, average americans, want to see in a fiscal cliff deal? steve leisman here now with our exclusive results of the cnbc all-america economic survey. what do americans want, steve? >> what you would expect. free stuff, tyler. actually, no, we'll get into that in a second. first we want to show you results of our december cnbc all-america survey. what we asked about the fiscal cliff. the first thing we wanted to establish is do people know about this thing? we looked at some...
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Dec 3, 2012
12/12
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they say if we go off the fiscal cliff, most americans believe it will be the republicans' fault. the one thing about the president and the mandate, yeah, he won, but the redstone straights have never been redder. the purple states, he got only a two point bump after winning reelection, which is historically low. clinton got 19. >> gretchen: here is an interesting point, really why would democrats not want to go off the cliff? because they actually agree with everything about going off the cliff, other than raising taxes on the middle class, which would be about $2,000 per family. people making under $250,000. they agree with military cuts. they agree with increasing estate taxes. they agree with increasing taxes on people who make more than $250,000. they agree with basically everything in this entire fiscal cliff. >> brian: they don't agree with a lot of the domestic cuts in programs that will be going to the states. there's a loft cuts in there and the bottom line is if this happens, we more than likely will go into a recession. how can he blame the next recession on george bus
they say if we go off the fiscal cliff, most americans believe it will be the republicans' fault. the one thing about the president and the mandate, yeah, he won, but the redstone straights have never been redder. the purple states, he got only a two point bump after winning reelection, which is historically low. clinton got 19. >> gretchen: here is an interesting point, really why would democrats not want to go off the cliff? because they actually agree with everything about going off...
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Dec 4, 2012
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how republicans want to solve washington's fiscal cliff dilemma. what the democrats are saying about it today. >>> plus bold claims for iran. revolutionary guards showing off what they are claiming to be a captured american drone. why u.s. officials are saying don't believe it. >>> baby on board at buckingham palace. the royal couple, will and kate, creating a media frenzy on both sides of the pond with word that they are expecting. >> lots to talk about this morning. republican senator ron johnson, steve smith, to talk about that carbon monoxide leak that sent dozens of kids off to the hospital. and pat houston, whitney houston's sister-in-law and manager will join us to talk about a new book tuesday, december 4th. "starting point" begins right now. >>> good morning. welcome, everybody. ron brownstein joins us this morning, cnn senior political analyst. editor for national journal. bob shrum, and will cain. zoraida is sticking around with us as well from "early start." our "starting point" really is about the frustration and more finger pointing n
how republicans want to solve washington's fiscal cliff dilemma. what the democrats are saying about it today. >>> plus bold claims for iran. revolutionary guards showing off what they are claiming to be a captured american drone. why u.s. officials are saying don't believe it. >>> baby on board at buckingham palace. the royal couple, will and kate, creating a media frenzy on both sides of the pond with word that they are expecting. >> lots to talk about this morning....
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Dec 1, 2012
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at least let's fix the fiscal cliff and make sure that american families aren't faced with possible larger tax bills come january. >> wouldn't it just make you feel better if you didn't feel the real reason we'll get a fiscal cliff resolution, whether it's a little tinkering or something bigger, wasn't because they actually wanted to be home on christmas? >> i think that they absolutely should try to get this done. i certainly don't think they should go home before the situation is resolved. but i also think that when you are looking at what kind of congress we want, we want a responsive congress. we want a congress rooted in american communities, not inside the beltway. >> look, you just want mondays and fridays off, too, and your trying to make the argument to the national review as to why that is better. >> americans want their leaders to work, period. >> thanks to both of you. we appreciate it. of course, we want all your feedback. >>> next, the billionaire software tycoon john mcafee is wanted in the questioning of the death of his neighbor. martin savidge just literally caught him. h
at least let's fix the fiscal cliff and make sure that american families aren't faced with possible larger tax bills come january. >> wouldn't it just make you feel better if you didn't feel the real reason we'll get a fiscal cliff resolution, whether it's a little tinkering or something bigger, wasn't because they actually wanted to be home on christmas? >> i think that they absolutely should try to get this done. i certainly don't think they should go home before the situation is...
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Dec 6, 2012
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he'll tell you why the fiscal cliff has him doing that a lot harder than ever. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> welcome back to "street signs." i'm sharon epperson. take a look at how u.s. markets interpreted what the ecb did earlier today, cutting its european growth outlook. we saw the dollar strengthen. that has weighed on commodity prices. energy prices in particular across the board with the wti contract closing at a three-week low. we're looking at pressure across the board in the energy sector. that's good news for people driving over the holidays. we're looking at gas prices coming down. futures market and prices at the pump, only ten cents higher than a year ag
he'll tell you why the fiscal cliff has him doing that a lot harder than ever. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your...
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Nov 30, 2012
11/12
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you talk about the greek fiscal cliff. we have our own and people here say we could be the next greece. how does that make you feel when you hear that kind of talk from american politicians, american business people, american citizens? >> extremely worrisome because you represent 25% of the global economy whereas greece, which wasn't the cause of the european crisis, only represents 2% of the european gdp. so if you guys were to actually have such deep problems, then it would mean problems for everyone globally and no one would want that. i'm sure that you'll be able to find the right solution by the end of december. >> let us hope. mr. michalos, thank you very much. sue? >>> thank you, ty. two big winners in that $587 million record powerball lottery. but how much do you really need to earn to make you happy? the answer may surprise you. >>> and before you fill up your tank with gas, listen up. aaa is warning regulators to stop sales of a certain type of fuel at the pump because it could damage your car and void your car
you talk about the greek fiscal cliff. we have our own and people here say we could be the next greece. how does that make you feel when you hear that kind of talk from american politicians, american business people, american citizens? >> extremely worrisome because you represent 25% of the global economy whereas greece, which wasn't the cause of the european crisis, only represents 2% of the european gdp. so if you guys were to actually have such deep problems, then it would mean...
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Dec 4, 2012
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we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] [ male announcer ] ...forbusiness.com. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... a
we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. wanted to provide better employee benefits while balancing the...
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Dec 6, 2012
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they rather go over the fiscal cliff but the overwhelming majority of americans totally disagree with those hard line positions on the extreme left and the extreme right. they want to compromise and they want a deal and they want the president and john boehner, the republican leadership and democratic leadership to come up with something that avoids going over the fiscal cliff. i think that's what that poll shows. >> let me change topics for a bit. news broke just before the program that republican senator jim demint is leaving. he decided to take over the heritage foundation. i have a question for you in that was this expected? he's a staunch conservative and opponent to craving into democrats and how do those things factor into a way ahead for republicans in the senate? >> i was surprised to hear that jim demint was giving up his senate seat to become head of the heritage foundation, a conservative think tank in washington. it surprised me. i suppose if it surprised me, it surprised a lot of washingtonians as well. i didn't have any indication he was ready to give up that seat from
they rather go over the fiscal cliff but the overwhelming majority of americans totally disagree with those hard line positions on the extreme left and the extreme right. they want to compromise and they want a deal and they want the president and john boehner, the republican leadership and democratic leadership to come up with something that avoids going over the fiscal cliff. i think that's what that poll shows. >> let me change topics for a bit. news broke just before the program that...
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Nov 30, 2012
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the war of words over the fiscal cliff intensifies as obama prepares to take his case to the american people. the eurozone was living in a, quote, fairy world. draghi tells governments they cannot rely only on ecb help and chastises them for past mistakes. and schaeuble warns a default could spell the end of the euro. >>> president obama travels to a suburb of philadelphia today to tour a local toy company. he'll speak at noon eastern time and will continue to press republicans to let tax cuts expire for people making more than $250,000 a year. reports suggest the president's opening bid and budget talks calls for a $1.6 trillion tax hike, $50 billion in new in-practice straukt spending, and unfettered power to raise the u.s. debt ceiling. that was laid out to lawmakers yesterday by tim geithner and led to sharp comments there both sides of the aisle. >> now is the time for the republicans to move past this happy talk about revenues, ill defined, of course, and put specifics on the table. the president has made his proposal. we need a proposal from them. >> what we don't know is what
the war of words over the fiscal cliff intensifies as obama prepares to take his case to the american people. the eurozone was living in a, quote, fairy world. draghi tells governments they cannot rely only on ecb help and chastises them for past mistakes. and schaeuble warns a default could spell the end of the euro. >>> president obama travels to a suburb of philadelphia today to tour a local toy company. he'll speak at noon eastern time and will continue to press republicans to let...
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Dec 4, 2012
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to blame republicans and just 27% the president if they don't agree on a fiscal cliff. we know that after the election, 60% of people said let's raise taxes on the wealthiest. what more does john boehner need? >> i don't understand the republicans' thinking on this. i really don't. this is power politics. they don't have the leverage in this situation. if they don't cut a deal within the next 30 days, you're going to see tax rates rise on all americans. you're going to see huge cuts in the defense budget. we're probably going to have a double dip recession, and until the congress then gets its act together to fix it and lower rates on the middle class, you will have the republicans essentially responsible for raising tax rates on the middle class. i can't imagine, again, bill krystal said this yesterday. i can't imagine why the republicans would want to be known as raising tacks xes on t middle class. >> thank you both. next, the president reacts to speaker boehner. stay with us. this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice.
to blame republicans and just 27% the president if they don't agree on a fiscal cliff. we know that after the election, 60% of people said let's raise taxes on the wealthiest. what more does john boehner need? >> i don't understand the republicans' thinking on this. i really don't. this is power politics. they don't have the leverage in this situation. if they don't cut a deal within the next 30 days, you're going to see tax rates rise on all americans. you're going to see huge cuts in...
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Dec 5, 2012
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that fiscal cliff, just 27 days away. people already having trouble finding a job are receiving a letter of warning about something to happen to them if congress can't make a deal. and abc's jonathan karl has that. >> reporter: melinda vega has been put on notice. if congress and the president don't get their act together, her unemployment checks will stop immediately at the end of the year. >> we're dependent on that money to pay our bills. >> reporter: she's been without a job for a year. her $450 a week unemployment check, her lifeline. >> we won't be able to pay some of our bills and, i mean, you know, that's for christmas and things of that nature, probably off the table. >> reporter: she's not alone. without a deal, unemployment compensation will end for more than 2 million people who've been out of work for more than 26 weeks. many of the unemployed started receiving the news this week from pre-recorded phone calls, like this one in washington state. >> emergency unemployment compensation shuts off at the end of de
that fiscal cliff, just 27 days away. people already having trouble finding a job are receiving a letter of warning about something to happen to them if congress can't make a deal. and abc's jonathan karl has that. >> reporter: melinda vega has been put on notice. if congress and the president don't get their act together, her unemployment checks will stop immediately at the end of the year. >> we're dependent on that money to pay our bills. >> reporter: she's been without a...
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Dec 6, 2012
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in a cnn/crc poll, 67% said washington officials would behave like spoiled children in the fiscal cliff discussions. only 28% said they would behave like responsible adults. tonight, signs that maybe some adult behavior might be prevail. and a compromise might be reached. joining me now, dana bash, jessica yellin, and david gergen. what's the latest? >> reporter: they are a long way from a deal. but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter. and the two men have not moved from that basic position. now, all of this comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the
in a cnn/crc poll, 67% said washington officials would behave like spoiled children in the fiscal cliff discussions. only 28% said they would behave like responsible adults. tonight, signs that maybe some adult behavior might be prevail. and a compromise might be reached. joining me now, dana bash, jessica yellin, and david gergen. what's the latest? >> reporter: they are a long way from a deal. but late today speaker boehner and president obama did speak to one another on the phone. now,...
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. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. remember, it's only 2%. all those americans, too, get a tax cut on the first $250,000 of their income. so, in some sense it's a tax cut for all americans. >> reporter: bottom line, anderson, we're talking today but we're still at stalemate. >> yeah, i mean, it's a sign, jessica and dana, of just how lack -- how little progress there's been that a phone call is big news between these two. dana, we're also hearing hints of some move between republicans, coburn, olympia snowe, susan collins. what are you hearing? how significant is it? >> reporter: it's significant for a couple reasons. one is, you're right. three republicans in different ways suggested they would be okay with what most republicans are saying, that they're not okay with, which is raising tax rates for the wealthiest. tom coburn is the most significant because he's the most conservative in general, not just fisca
. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. remember, it's only 2%. all those americans, too, get a tax cut on the first $250,000 of their income. so, in some sense it's a tax cut for all americans. >> reporter: bottom line, anderson, we're talking today but we're still at stalemate. >> yeah, i mean, it's a sign, jessica...
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this could push the american economy off of a fiscal cliff, am i missing something here? can it be such a bad thing. not really said the cbo. if congress extents current policy, the debt and deficit will increase slowing the economy and dramatically increasing interest costs. because of the deal congress and the president made last year it be result in across the board budget reductions, still there will be no decreases in social security, medicare and veteran's benefits. defense spending would take a big hit, but because of a windown in afghanistan some military leaders are asking for less than congress is willing to shell out. from 1990 to 1999 defense spending decreased by 1% a year. this weakened military is nonsense. jim we have like what 27,000 times to blow up the country with the next amount of nukes. >> and we still have massive armies in europe protecting them from a massive soviet union. >> yeah. >> korea is another issue -- we do need people there. >> stephanie: right, but he points out who is behind all of this fiscal cliff cage rattling. the rich and their f
this could push the american economy off of a fiscal cliff, am i missing something here? can it be such a bad thing. not really said the cbo. if congress extents current policy, the debt and deficit will increase slowing the economy and dramatically increasing interest costs. because of the deal congress and the president made last year it be result in across the board budget reductions, still there will be no decreases in social security, medicare and veteran's benefits. defense spending would...
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Dec 4, 2012
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we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. but i'm still stubbed up
we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! bp has paid overthe people of bp twenty-threeitment to the gulf....
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Nov 30, 2012
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happening relating to the fiscal cliff negotiations. coming up in half an hour we begin to show you the remarks from congressional leaders on where things currently stand. we start with house speaker john boehner. also house minority leader nancy pelosi and senate democratic leader harry reid. that starts at 8:00 p.m. eastern. tomorrow on "washington journal," a congressional historian gives the history of the filibuster rule and the changes senate leader reid is pursuing. then a guest from politico examines tax credits aimed at families and businesses that will be impacted if congress does not act on the so-called fiscal clef. beginning at 7:00 a.m. eastern on c-span. today in new york at the united nations, the general assembly voted 138-9 with 41 countries abstaining to recognize the state of palestine. it updates the palestinian status to a non member observer state at the united nations. after the vote, u.s. ambassador to the u.n. susan rice said the vote places further obstacles in the path of peace. here are comments -- are about
happening relating to the fiscal cliff negotiations. coming up in half an hour we begin to show you the remarks from congressional leaders on where things currently stand. we start with house speaker john boehner. also house minority leader nancy pelosi and senate democratic leader harry reid. that starts at 8:00 p.m. eastern. tomorrow on "washington journal," a congressional historian gives the history of the filibuster rule and the changes senate leader reid is pursuing. then a...
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Nov 30, 2012
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optimism is fading fast on capitol hill as lawmakers try to figure out how to avoid the fiscal cliff. no real progress has been made for two weeks. now president obama is talking directly to the american public about tax increases and spending cuts. this afternoon, he walked assembly line outside of philadelphia. it's main product? connecx toys. >> we all agree on making sure middle class taxes don't go up. let's get that done. let's take the fear out for the vast majority of american families so they don't have to worry about $2,000 coming out of their pocket starting next year. >>> all right. now to a story you will see on nbc bay area. >> the san jose skyline could look different if the city can get clearance from the faa. the city leaders say they want taller buildings up to 40 stories high, but since downtown is in the flight path of the airport, there are flight restrictions and that is costing the city money. >> we can do that because we can bring more vibrancy to downtown. more people using restaurants and retail and obviously that attracts more business. >> the faa is doing a
optimism is fading fast on capitol hill as lawmakers try to figure out how to avoid the fiscal cliff. no real progress has been made for two weeks. now president obama is talking directly to the american public about tax increases and spending cuts. this afternoon, he walked assembly line outside of philadelphia. it's main product? connecx toys. >> we all agree on making sure middle class taxes don't go up. let's get that done. let's take the fear out for the vast majority of american...
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Dec 4, 2012
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what we have to do in the short term is avoid the fiscal cliff. the major decisions with regard to tax reform, social insurance programs, et cetera, can't and shouldn't be made until next year, after the american people are engaged and the committees do their work. >> david gergen, how do you get the political solution that opens the door to the policy conversations? >> well, i was encouraged that the republicans actually came forward with something today. a lot of people thought they would not. the president as you know, his team rejected it late this afternoon, but nonetheless, if people truly want to find a bridge to avoid the fiscal cliff, a way to get to the big issues as david walker says would have to come next year, i think they're the makings of it here. each side will have to compromise some more. each side will have to eat a little crow but i think it's imperative that the president take the view that what he's looking for is a win-win. if they take a win-win approach, i think they can get a deal. >> comment on that point. if two wrongs
what we have to do in the short term is avoid the fiscal cliff. the major decisions with regard to tax reform, social insurance programs, et cetera, can't and shouldn't be made until next year, after the american people are engaged and the committees do their work. >> david gergen, how do you get the political solution that opens the door to the policy conversations? >> well, i was encouraged that the republicans actually came forward with something today. a lot of people thought...
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Dec 1, 2012
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. >> reporter: as the country fast approaches the fiscal cliff, the two sides are talking past each other. democrats say they've laid down their marker, hiking tax rates on wealthier americans. and it's up to republicans to propose specific spending cuts they want to entitlement programs. however, republicans say they've offered a concession, putting revenue on the table. and they say it's now up to the president and his fellow democrats to feel some pain and proposed cuts in medicare and medicaid. confusing? we asked harry reid. >> where is the disconnect? >> i don't understand his brain. so you should ask him, okay? >> from capitol hill to the white house, democrats are standing firm, saying the major hurdle remains whether to raise tax rates. what's next? where do things go? the top republican aide tells me they look forward to talking to the white house. >> time is still running out, too. >> and quickly. >> with us now are ryan lizza, the new yorker magazine's washington correspondent and cnn's senior political analyst ron bram's team. thank you both for coming in. ron, you wrote an i
. >> reporter: as the country fast approaches the fiscal cliff, the two sides are talking past each other. democrats say they've laid down their marker, hiking tax rates on wealthier americans. and it's up to republicans to propose specific spending cuts they want to entitlement programs. however, republicans say they've offered a concession, putting revenue on the table. and they say it's now up to the president and his fellow democrats to feel some pain and proposed cuts in medicare and...
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. >>> up next, fiscal cliff futility. in 28 days, crippling tax hikes and spending cuts become a painful reality for every american if a deal does not get done. republicans are offering up a counter proposal to what the president offered a counter proposal that calls for $2.2 trillion in deficit savings. it includes $800 billion in tax reforms, 600 billion in medicare reforms and 600 billion in spending cuts. because it doesn't contain tax hikes for the wealthiest americans or specifics about which loopholes will be eliminated, the president immediately rejected the republican proposal. want to know how far apart democrats and republicans are? listen to this. >> i think we're going over the cliff. >> it's unfortunate the white house has spent three weeks doing basically nothing. >> what we can't do is sit here trying to figure out what works for them. >> the president's idea of negotiation is roll over and do what i ask. >> it's clear to me they made a political calculation. if their ideas are different from ours, we can'
. >>> up next, fiscal cliff futility. in 28 days, crippling tax hikes and spending cuts become a painful reality for every american if a deal does not get done. republicans are offering up a counter proposal to what the president offered a counter proposal that calls for $2.2 trillion in deficit savings. it includes $800 billion in tax reforms, 600 billion in medicare reforms and 600 billion in spending cuts. because it doesn't contain tax hikes for the wealthiest americans or...
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Dec 3, 2012
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. >>> we're less than a month away from our trip over the fiscal cliff. the average american family could get hit hard. so what's the fairest plan of all? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. to investing with knowledge. the potential of td ameritrade unlocked. nyse euronext. unlocking the world's potential. to a world of super-connected intelligence. the potential of freescale unlocked. nyse euronext. unlocking the world's potential. >>> it is 16 minutes past the hour. time to check our top stories. nine bodies have been removed from vehicles inside a collapsed tunnel near tokyo, japan. huge chunks of concrete fell sunday, smashing the vehicles below. investigators say some anchor bolts on
. >>> we're less than a month away from our trip over the fiscal cliff. the average american family could get hit hard. so what's the fairest plan of all? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy....
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Dec 5, 2012
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if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect in an agreement that doesn't involve the rates going up on the top 2% of the wealthiest. all those americans get a tax cut under the framework under the first $250,000 of their income. in some sense, it's a tax cut for all americans. it's just for people who make more than that, we're going to ask them to pay a modestly amount more. >> that's hard to understand given how much going over the fiscal cliff would hurt the economy. why is going over the fiscal cliff worth it for just this one component? if you can get the other components, why wouldn't you take that? >> good question. thanks for asking. what we're trying to do is put in place a comprehensive balance set of fiscal reforms that put us back on the path to living within our means and create room for investing to make the economy stronger, make sure we're protecting medicare for future generations, and forcing the government to use the taxpayers' resources more wisely. in that conte
if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect in an agreement that doesn't involve the rates going up on the top 2% of the wealthiest. all those americans get a tax cut under the framework under the first $250,000 of their income. in some sense, it's a tax cut for all americans. it's just for people who make more than that, we're going to ask them to pay a modestly amount more. >> that's...
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Dec 7, 2012
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now we can talk about the fiscal cliff. [laughter] let me start off just by, what we will do chris, we will do the house rules and cut in half. in 30 seconds and then we will have time to elaborate on all of this. i just want to go through the panel. what do you think the odds are that some kind of appeal will be cut by january 1 in order to avoid sequestration? mark, i will start with you. >> i think it's 80% that we will avoid sequestration. the question is though, is this going to be a big enough deal and will it actually be the down payment that will lead to something else? it will actually avoid the consequences. that percentage would be lower than the 80%. >> let's come back to the big picture. just in the short-term by january 1, will we avoid the cliff? >> i think it's likely that we will avoid it. it's so easy for us just to do what we need to do. i think the real line in the sand is -- and i have said that for a long time. i think that is one hopefully by that time we will have real entitlement reform which will b
now we can talk about the fiscal cliff. [laughter] let me start off just by, what we will do chris, we will do the house rules and cut in half. in 30 seconds and then we will have time to elaborate on all of this. i just want to go through the panel. what do you think the odds are that some kind of appeal will be cut by january 1 in order to avoid sequestration? mark, i will start with you. >> i think it's 80% that we will avoid sequestration. the question is though, is this going to be a...
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the longer the white house wait to get serious is a day closer going over the fiscal cliff and the harder it will be to find a solution. americans want washington to work together, to get our country back on track, and to ensure we leave it a better place than we found it for future generations and then let's make the hard decisions. let's make those decisions we know west -- must be made. thank you for listening and th. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> lives of great men all remind us we can make our lives sublime and our party leave behind us footsteps on the sands of time. warren rudman left footsteps in the united states senate and on the sands of time. many people serve here and are soon forgotten, and he is not one of them. i think the reasons are quite simple. he was admired. he had courage and principals. he got things done. he made things happen. he cared more about his country than a bit about anything else. as a result, his country cares about him and then we care about him and that is why we're
the longer the white house wait to get serious is a day closer going over the fiscal cliff and the harder it will be to find a solution. americans want washington to work together, to get our country back on track, and to ensure we leave it a better place than we found it for future generations and then let's make the hard decisions. let's make those decisions we know west -- must be made. thank you for listening and th. [captioning performed by national captioning institute] [captions...
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the fiscal cliff standoff. "the new york times" reporting gop leaders are considering extending tax cuts for the fiscal class to avert the fiscal cliff but if that is the case republicans are staying very tight lipped about it. joining me is senator ben carden from maryland a member of the budget committee and the committee on finance. good to have you here and you have said one thing you want from these talks is to show the markets and to show leaders, that leaders have the situation under control there, in your estimation, how would you say that's going so far? >> well predictability is very important. i think the first step is exactly what leader reid said. if we can get predictability on the taxable income below $250,000, everyone knows that's under current rates and also give us the additional revenue we need on that income above $250,000, it shows us that we are moving towards a balanced way to deal with the fiscal cliff. it would be an incredible lift, i think, to confidence in the markets. >> so with ra
the fiscal cliff standoff. "the new york times" reporting gop leaders are considering extending tax cuts for the fiscal class to avert the fiscal cliff but if that is the case republicans are staying very tight lipped about it. joining me is senator ben carden from maryland a member of the budget committee and the committee on finance. good to have you here and you have said one thing you want from these talks is to show the markets and to show leaders, that leaders have the situation...
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the obstacle of the fiscal cliff? >> guest: it's an optimist in the christmas season. we got right to the last minute before what could've been a government shutdown in april of 2011. because the last minute on the fiscal cliff. i don't think it's a good way to do business. >> host: if we were to go over, what happens? >> guest: well, you know, probably congress would be back in session pretty quickly and hopefully we would do something like i'm talking about right now. that's what we should do it early. and continue to negotiate. it's not just a question of dollars and cents. effort some people say let the race club in republicans get some data call that a tax cut. people lose faith in the institution and the political leadership. trust is a very funny commodity. you have it until you don't. when you lose the trust of the american people it's not like you get back to doing the right thing the next day. we should convince the country and the markets that can make smart decisions and to compromise and again this would
the obstacle of the fiscal cliff? >> guest: it's an optimist in the christmas season. we got right to the last minute before what could've been a government shutdown in april of 2011. because the last minute on the fiscal cliff. i don't think it's a good way to do business. >> host: if we were to go over, what happens? >> guest: well, you know, probably congress would be back in session pretty quickly and hopefully we would do something like i'm talking about right now. that's...
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and the alternative is that at the end of the year if we go off the fiscal cliff, they really believe that republicans will get the blame. so that's why maybe they are sort of running out the clock a little bit making it harder for republicans to negotiate more at the end of the day. >> so just to make it clear, because the republican plan does not include a tax increase, a tax increase on the wealthy, the president isn't going to deal? he's not going to get on the phone with john boehner, he's not going to do anything? >> reporter: well, it's hard to imagine at some point that they are not going to get on the phone, that they are not going to have real negotiations. but right now, they are not. and so that's why the house republican leadership says they are just sending their members home. and they also say, the speaker didn't mention it here but one thing they want their members to do back in their districts is to try to galvanize the public's support for their position that the president is trying to do for his position as he campaigns on that. but you're exactly right and it's imp
and the alternative is that at the end of the year if we go off the fiscal cliff, they really believe that republicans will get the blame. so that's why maybe they are sort of running out the clock a little bit making it harder for republicans to negotiate more at the end of the day. >> so just to make it clear, because the republican plan does not include a tax increase, a tax increase on the wealthy, the president isn't going to deal? he's not going to get on the phone with john...
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more tough talk today from washington on the fiscal cliff: treasury secretary timothy geithner said he's willing to go over it if republicans don't agree to tax hikes for the wealthiest americans. president obama said basically the same thing but added one more hard line to the negotiations. >> if congress in any way suggests that they're going to tie negotiations to a debt ceiling vote and take us to the brink of default once again, as part of a budget negotiation-- which, by the way, we have never done in our history until we did it last year-- i will not play that game. >> late today the president spoke by telephone with house speaker john boehner. no specifics on what they said to each other, but it was their first conversation in a week. eventually the two sides will get down to bargaining over specifics, including entitlements. one idea may be to change the way the government measures inflation. that may sound like a small change, but, as darren gersh reports, it could have a big impact. >> reporter: if the price of oranges goes up, consumers will buy apples and other cheaper foods
more tough talk today from washington on the fiscal cliff: treasury secretary timothy geithner said he's willing to go over it if republicans don't agree to tax hikes for the wealthiest americans. president obama said basically the same thing but added one more hard line to the negotiations. >> if congress in any way suggests that they're going to tie negotiations to a debt ceiling vote and take us to the brink of default once again, as part of a budget negotiation-- which, by the way, we...
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so if there is a fiscal cliff and we go over it, the american public are likely to blame the republicans. >> well, that's absolutely true, piers. we've had an election and the clearest debate and the clearest difference in that election was over the question of whether the rich should pay more and tax rates should go up on the rich. everybody who paid any attention at all knows that the top 2% are now taking home a larger share of total income and wealth in this country than they have in over 80 years and are paying the lowest effective tax rate they paid in over a half a century. we also have a looming budget deficit. so you don't have to really be a rocket scientist to understand that the rich do have to pay more. taxes do have to be raised on the rich and i think that's why over 60% of the public in these polls are not only supportive of a tax increase on the rich, but also will blame the republicans if we go over the fiscal cliff. and this gives frankly, this gives the white house and this gives the obama administration much more bargaining leverage. >> grover norquist, here's the pr
so if there is a fiscal cliff and we go over it, the american public are likely to blame the republicans. >> well, that's absolutely true, piers. we've had an election and the clearest debate and the clearest difference in that election was over the question of whether the rich should pay more and tax rates should go up on the rich. everybody who paid any attention at all knows that the top 2% are now taking home a larger share of total income and wealth in this country than they have in...